http://scotlandonsunday.scotsman.com/football/Sale-of-Rangers-FC-39will.6650410.jp

 

Quote

Sale of Rangers FC 'will go ahead by mid-January'

 

Published Date: 05 December 2010

By Tom English

 

A DEAL to sell Rangers Football Club to Scots venture capitalist Craig Whyte will go though by the middle of January, according to senior sources at the club.

Whyte, 39, met with Ibrox chairman Alastair Johnston in Glasgow to discuss the purchase of Sir David Murray's shareholding in the club.

 

The proposed £33 million deal will wipe out the existing debt that has stymied Rangers in the transfer market for two years.

 

Yesterday, sources at Rangers said the deal, barring any late hitches, could be completed before Christmas but it is more likely that it will be done by the middle of January. "We can't say with 100 per cent certainty, but Whyte has the money and is very convincing. We think the deal will happen," said the source.

 

Murray has presided over Rangers for 22 years but has been keen to sell his stake for some time.

 

Hopefully the debt thing is not true as that is what is holding them back at the moment.

17822 

 

Looks like the rats are deserting the sinking ship

Having watched most of that game today got to say, take Davies, Aluko and MacGregor out of that team and they seriously have fuck all left

When a club really needs its bigots fans, you can always rely on the great unwashed to let their club down.

 

I am reminded of the post Hamilton period, 1987 ish when they deserted in droves.

 

Nice guy that Craig Whyte. Not.

 

Mwhahahahahaaaaahaaaahahahahahhhhaaaaaaahahahahahahahahaaaaaaaaaaaaaaaaahaha........

One of the best things about this is that before it all actually happened i remember thinking the whyte takeover might be good for der hun 

One of the best things about this is that before it all actually happened i remember thinking the whyte takeover might be good for der hun 

 

In a Romanov sort of style 

Ya think Chicky Young will be salivating over their troubles like he did ours? 

 

 

 

 

 

 

 

 

 

Nah, didna think so 

Desperate times down there, expect to see the ibrox toaster on ebay in the coming days.

A mystery lottery winner has come forward with an offer to buy the filthy bastards.

 

He got three numbers....

http://www.bbc.co.uk/sport/0/scotland/16898746

 

Going to be sposored by buckfast next season? In div 3? 

http://www.bbc.co.uk/sport/0/scotland/16898746

 

 

 

And this evening

 

BBC Scotland has uncovered evidence which suggests Rangers owner Craig Whyte may have lied in court.

 

During a civil case last year, he told Glasgow Sheriff Court his seven-year ban from being a company director did not relate to treatment of creditors.

 

But the judge who imposed the ban said company assets were "put out of the reach of the creditors".

 

The Rangers owner accused the BBC of a "witch-hunt" and said the matter would be dealt with robustly by his lawyers.

 

Details of Mr Whyte's seven-year disqualification, imposed in 2000, were revealed by a BBC Scotland investigation - Rangers: The Inside Story - which was broadcast in October.

 

The programme heard allegations that Mr Whyte controlled a company called Re-Tex Plastic Technology despite his ban, an offence which could incur a two-year jail term.

 

Re-tex Plastic Technology was later wound up in 2003.

 

Following the documentary, Mr Whyte denied all the claims "in the strongest possible terms" and said he would be launching legal action against the BBC.

 

The corporation has, as yet, not received a writ.

 

Pinched!!

Could you help to safe Rangers Football Club by donating just one pound per calendar month. You would be helping a rangers player be fed, clothed and washed. Please donate now.

This appeal is on behalf of the Help A Hun Association or HAHA for short !

 

Q. Whats got four legs and more money than Rangers Football Club

A Harry Redknapp's dog.

 

 

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-16984191

 

Rangers owner Craig Whyte has been told to pay a disputed bill of £86,127 to a roofing firm after a sheriff described his evidence as "wholly unreliable".

 

Why cant the judge see that the 10,000 large concrete council roof tiles were for his castles roof and not his mates building firm I dont know!

Knew they were skint but seriously?

 

http://www.gumtree.com/p/business-services/learn-to-drive-from-age-12/95335568

DAVE KING has been ruthlessly axed as a Rangers director for daring to question Craig Whyte’s regime.

 

South-African based King was told by e-mail late on Friday afternoon he had been kicked off the beleaguered club’s board.

 

Record Sport believes the latest boardroom change will be announced on the Plus Market today with Ibrox sources insisting King’s dismissal is punishment for objecting to Whyte’s dealings.

 

Rangers fans will be shocked by this latest departure as many of them saw King as the man who would save their club.

 

King was alarmed when we revealed the new owner had mortgaged four years of season tickets to raise £24.4million.

 

The deal with Ticketus was done without the previous board’s knowledge and although Whyte later said he’d been left with a £7m bill from Ticketus, he was quickly slapped down by the man who sold him the club last May.

 

Sir David Murray firmly denied Whyte had been left to pick up a Ticketus tab.

 

King was the last link between Whyte’s board and the old guard but he has been dumped just as chairman Alastair Johnston, chief executive Martin Bain, financial director Donald McIntyre and Paul Murray were after the takeover.

Gone into administration this lunchtime  :o :o

 

Rangers have lodged an intention to go into administration with the Court of Session.

 

The Ibrox club lodged the notice in Edinburgh at Monday lunchtime.

 

They now have five days in which to formally declare administrators have taken over the running of the club.

 

Solicitors lodged the papers with the Court of Session on behalf of the club's directors on Monday.

 

Rangers FC are currently awaiting the result of a £49m tax case with HM Revenue and Customs in relation to the club's use of the Employee Benefits Trust to pay players and staff.

 

The Court of Session confirmed to STV that papers confirming the intention to appoint administrators had been received.

I may have just pissed myself 

Is that an automatic 10 point penalty then?  Do they only get chucked out of the league if they go into liquidation?

Turned on Sky news a minute ago and saw the news.

 

Instant reaction was LOL.

 

Sone

Is that an automatic 10 point penalty then?  Do they only get chucked out of the league if they go into liquidation?

 

Should be automatic 10pt deduction however fully expect to rip up the rule book in this instance.

 

Sad thing is even with a 10pt deduction they will still finish clear in 2nd.